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Stuff You Missed in History Class

The South Sea Bubble

Stuff You Missed in History Class

iHeartPodcasts

Society & Culture, History

4.224.1K Ratings

🗓️ 7 February 2022

⏱️ 47 minutes

🧾️ Download transcript

Summary

In the early 18th century, Britain needed money. In 1711, the South Sea Company was established to try to manage this debt, and the heart of the debt consolidation the company arranged was a debt-for-equity swap that did NOT keep the nation from incurring more debt. 

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Transcript

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0:00.0

Hi, I'm Natalie Emanuel.

0:03.3

From Ramsey in Fast and Furious to the Sunday Game of Thrones,

0:07.1

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0:30.1

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0:33.3

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2:00.8

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2:08.4

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So if I can just get a little hello, Holly, that thing you like, there's more of it right now.

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2:29.2

Welcome to Stuff You Missed in History class, a production of IHOT Radio.

2:40.0

Hello and welcome to the podcast. I'm Tracy V. Wilson and I'm Holly Fry.

2:44.8

Back in 2020, I wanted to do an episode on the South Sea Bubble because that was its 300th anniversary. And for various reasons that just did not happen.

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